Markit announces LCDX changes for April 8 roll

By Laura Lutz

Des Moines, April 7 - Markit Group Ltd. announced additions to and removals from the Markit LCDX index, which is scheduled to roll April 8.

Texas Competitive Electric Holdings Co. LLC; Alltel Communications, Inc.; Harrah's Operating Co., Inc.; Calpine Corp.; Bausch & Lomb Inc.; Level 3 Financing, Inc.; Mylan Inc.; and Rite Aid Corp. are being added.

Freeport-McMoRan Copper & Gold Inc.; Knight Inc.; Claire's Stores, Inc.; Insight Midwest Holdings LLC; Solo Cup Co.; Burlington Coat Factory Warehouse Corp.; Centennial Cellular Operating Co. LLC; Education Management LLC are being removed.

The index is scheduled to roll every six months to rebalance the portfolio as necessary. This will be its 10th series.

Markit provides independent data portfolio valuations and OTC derivatives trade processing to the global financial markets.

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